Rescue Hose Co No 1 of Greencastle

Analysis

Rescue Hose Co No 1 of Greencastle is a registered charity in United States, based in Greencastle, PA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rescue Hose Co No 1 of Greencastle reported income of $1.8m and spending of $1.4m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.8m (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 76% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Rescue Hose Co No 1 of Greencastle sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Carmel Fire Department Inc ($1.8m), Port Penn Vol Fire Co Inc ($1.8m) and Economy Volunteer Ambulance Service ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 35% of the total. Other salaries and wages came to $587k. At year end it held assets of $8.8m against liabilities of $211k, net assets of $8.6m. It reported 24 employees.